Granite Oil Corp is a Canada-based junior oil producer that owns and operates Alberta Bakken oil pool in southern Alberta discovered by Granite. The Companyâ€™s Alberta Bakken oil pool stretches over a 30-mile fairway, and produces medium-gravity (30-32Â° API), crude oil. It has produced over 6.0 million barrels of crude oil, and has achieved production rates in excess of 4,000 barrels of oil per day.

Employees

Sector

Oil & Gas Exploration and Production

More about the company

Delayed Toronto S.E. 15:21:05 2020-03-09 EDT			5-day change	1st Jan Change
0.9400 ^CAD	-.--%		+1.08%	+44.62%

20-03-04	International Petroleum Corporation completed the acquisition of Granite Oil Corp. from GMT Capital Corp. and others.	CI
20-01-19	International Petroleum Corporation entered into an arrangement agreement to acquire Granite Oil Corp. from GMT Capital Corp. and others for CAD 37.2 million.	CI

Market Cap	25.39M 21.87M 20.65M 18.79M 35.13M 2.42B 35.48M 246M 94.47M 1.23B 95.34M 93.25M 3.92B	P/E 2017	-19.2x	P/E 2018	27.5x
Enterprise Value	71.06M 61.21M 57.78M 52.6M 98.31M 6.78B 99.29M 687M 264M 3.45B 267M 261M 10.97B	EV / Sales 2017	3.63x	EV / Sales 2018	2.04x
Free-Float	90.41%	Yield 2017	13.1%	Yield 2018	43.6%

20-03-04	International Petroleum Corporation completed the acquisition of Granite Oil Corp. from GMT Capital Corp. and others.	CI
20-01-19	International Petroleum Corporation entered into an arrangement agreement to acquire Granite Oil Corp. from GMT Capital Corp. and others for CAD 37.2 million.	CI
19-12-02	Granite Oil Corp. Announces Fall Borrowing Base Redetermination	CI
19-11-05	Granite Oil Corp. Reports Production Results for the Third Quarter and Nine Months Ended September 30, 2019	CI
19-11-05	Granite Oil Corp. Reports Earnings Results for the Third Quarter Ended September 30, 2019	CI
19-08-12	Granite Oil Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2019	CI
19-05-15	Granite Oil Corp. Announces Credit Facility Renewal	CI
19-05-08	Granite Oil Corp. Reports Unaudited Earnings and Operating Results for the First Quarter Ended March 31, 2019	CI
19-05-01	Granite Oil Corp. Announces Executive Changes	CI
19-05-01	Granite Oil Corp. Provides 2019 Well Test Results	CI
19-03-21	Granite Oil Corp. Reports Audited Earnings and Operating Results for the Year Ended December 31, 2018	CI
19-01-17	Granite Oil Corp. announced that it has received CAD 1.997171 million in funding from GMT Capital Corp.	CI
18-12-20	Granite Oil Corp. announced that it expects to receive CAD 1.56 million in funding from GMT Capital Corp.	CI

20-03-09	International Petroleum : IPC Announces Completion of Acquisition of Light Oil Assets in Southern Alberta	AQ
20-03-06	Granite Oil : International Petroleum Corp. Announces Completion of Acquisition of Light Oil Assets in Southern Alberta	AQ
20-02-03	Granite Oil : Day Two Keynote Speaker, Charlie Riedl with CLNG, Announced for EnerCom Dallas Energy Investment Conference, February 11-12, 2020	PR
20-01-30	Granite Oil : Day One Keynote Speaker, Chris Wright, Announced for EnerCom Dallas Energy Investment Conference, February 11-12, 2020	PR
20-01-20	Granite Oil Corp. Agrees to Sale to International Petroleum Corporation For $0.95 Cash Per Share	GL

Granite Oil Corp. Stock

Stocks

GXO

CA38742A1003

Oil & Gas Exploration and Production

Valuation : Granite Oil Corp.

Latest news : Granite Oil Corp.

Press Releases : Granite Oil Corp.

Managers and Directors : Granite Oil Corp.

Latest insider transactions

Oil Exploration & Production - Onshore

Financials

Company Profile

Manager	Title	Age	Since
Michael Kabanuk CEO	Chief Executive Officer	55	2015-05-14
Jack Smith DFI	Director of Finance/CFO	-	2019-04-30
Devon Griffiths COO	Chief Operating Officer	-	2018-08-08

Director	Title	Age	Since
Martin Cheyne BRD	Director/Board Member	65	2007-01-23
Michael Kabanuk BRD	Director/Board Member	55	2015-05-14
Brendan Carrigy CHM	Chairman	65	2015-05-14

Date	Insider	Type	Main position	Quantity	% Market Cap.
3/20/20	GMT Capital Corp.	Option	Company	268,753	0.6933%
3/20/20	GMT Capital Corp.	Option	Company	1,489,222	3.8417%
3/20/20	GMT Capital Corp.	Option	Company	1,462,651	3.7732%

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
GRANITE OIL CORP.	-.--%	+1.08%	-	-	26.28M
ATHABASCA OIL CORPORATION	0.00%	+1.19%	+78.48%	+181.38%	3.84B
TOPAZ ENERGY CORP.	-0.13%	-3.43%	+24.24%	+40.90%	3.5B
PAREX RESOURCES INC.	-1.69%	-1.28%	+68.54%	+8.88%	2.02B
ZHONGMAN PETROLEUM AND NATURAL GAS GROUP CORP.,LTD.	-2.46%	+3.96%	+27.46%	+16.90%	1.69B
SURGE ENERGY INC.	+2.26%	+8.54%	+83.73%	+40.07%	857M
GREENFIRE RESOURCES LTD.	-2.19%	+1.30%	+29.67%	-42.08%	801M
PETRORECONCAVO S.A.	+11.42%	+2.36%	-10.41%	-46.70%	656M
LOGAN ENERGY CORP.	+1.69%	+1.69%	+57.89%	+13.21%	591M
CITIC RESOURCES HOLDINGS LIMITED	-0.97%	-0.97%	+30.77%	+37.84%	516M
Average	+0.79%	+1.40%	+43.38%	+27.82%	1.45B
Weighted average by Cap.	+0.01%	+0.79%	+49.04%	+61.09%

	2017	2018
Net sales	39.24M 33.8M 31.9M 29.04M 54.28M 3.74B 54.82M 379M 146M 1.91B 147M 144M 6.06B	32.46M 27.96M 26.39M 24.02M 44.91M 3.1B 45.35M 314M 121M 1.58B 122M 119M 5.01B
Net income	-5.51M -4.74M -4.48M -4.08M -7.62M -526M -7.7M -53.26M -20.49M -267M -20.68M -20.23M -850M	753K 649K 612K 557K 1.04M 71.87M 1.05M 7.28M 2.8M 36.57M 2.83M 2.77M 116M
Net Debt	35.68M 30.74M 29.01M 26.41M 49.36M 3.41B 49.85M 345M 133M 1.73B 134M 131M 5.51B	45.67M 39.34M 37.14M 33.81M 63.19M 4.36B 63.81M 442M 170M 2.22B 172M 168M 7.05B